I’m with you holding BB calls bought Friday before close but it’s because I like what the company is doing not because Zack galacnakis farted at 2 minutes into the second scene in hangover 2 and what’s the second letter of the alphabet!??? B and another B BB YOLO YALL ~ seriously holding calls
Actually the way to beat theta id by selling stoopid, if u learn how to trade technically an identity the macro environment w all the data available to u today u have an edge, couple that w experience, knowing how to sail ur ship an ur voyage/ pillage will b profitable
Anyone telling you that what will happen in markets has already been determined is full of it. If that information existed, it would already be priced in. This is one of the foundations of economics in an efficient market (high liquidity, high information).
People have been predicting a crash throughout history. Anytime markets run up, there are bears who tell you “what goes up must come down.” And certainly there have always been cycles - but the ups are always bigger than the downs.
Since the brief pandemic crash, the S+P has more than doubled. I think this is why bears feel like we must have a crash to “balance out,” that crazy growth, but that’s just not how it works.
The best argument in favor of an impending crash is government interference - it’s reasonable to believe that shutting down society in 2020 was supposed to crash our economy, and the only reason it didn’t is because the government started printing money. New money without proportional increase in goods and services causes inflation.
If things get too expensive for ppl to afford, the government can a) print more money, creating a spiral of hyperinflation or b) raise interest rates to discourage future economic growth and gently reign in inflation. We’ve raised rates several times over several years, from 0% to over 5%, and still have not seen any catastrophic drop in the market.
Bears, feeling a drop is around every corner, are wondering when those rate increases will produce the expected drawdown. Nothing scares a bear more than seeing their predictions of doom fail to come true - “the longer it takes, the worse it will be.”